Maryland Science Center generates $34M in economic impact

The Maryland Science Center at Baltimore’s Inner Harbor generates a $34 million annual economic impact for the state, a new study shows.

A report by the Maryland Department of Business and Economic Development found that the Science Center directly annually creates $18.9 million in spending, $8.5 million in employee income and the equivalent of about 300 full-time jobs.

The center also generates $15.1 million in indirect spending and indirectly supports 104 jobs.

The report was based on the Science Center’s operating costs, capital budget and visitor spending from 2007 to 2011. Its average annual revenue is $10.3 million.

The Science Center attracts about 459,850 visitors annually, and 28 percent of them come from outside Maryland.